Tag: PVFCCo – Phu My

Recently, Deputy Minister of Agriculture and Environment Phung Duc Tien, along with a Vietnamese delegation, visited the high-tech pig farming model at the Muyuan Group - one of the world's leading livestock farming corporations.

The corporate lending arm of the banking group has experienced robust growth in the past two years, with impressive returns on equity as credit shifted towards business loans. However, the first-quarter results indicate a challenging year ahead for these banks to sustain growth and maintain their NIM at a similar level.

The Governor emphasized that the banking sector eagerly anticipates the Government's guidance on enhancing credit guarantee policies. By fostering a robust financial market, the sector aims to increase credit accessibility for small and medium-sized enterprises. This proactive approach underscores the industry's commitment to empowering businesses and driving economic growth.